<span>It is true. Texas legislators need adequate time to gather accurate information and carefully analyze the budget now that it is operating in a two-year cycle</span>
<span>Texas lawmakers voted to approve the bill in 85th legislative session because time is running. Texas faces funding shortages due to slumping oil and gas revenues. And the state needs to the budget of $217 billion in this tight economic times. </span>
Answer:
c. I, II, and III only
Explanation:
As we know that
Free cash flow = Earnings before Interest and Taxes × (1-Tax Rate) + Amortization and Depreciation expense - Change in Net Working Capital -Capital Expenditure
And, the Net income is determined after considering all cash and non cash expenses.
Therefore, I, II and III statements are considered
Hence, the option c is correct
Answer: True
Explanation:
Decision regarding an asset replacement is usually based on both the internal rate of return and the net present value of the incremental cash flows.
Therefore, it should be noted that this brings about the complications when comparing the development of relevant cash flows to the expansion decisions.
Answer:
The outlook for the economy and the markets is for an improvement.
Explanation:
p/e ratio = price / earning
the higher the equity, the lower the ratio
If the p/e ratio is expected to be higher, it means that the equity would have to be lower this year than next year .
this implies that earnings would be higher next year and p/e ratio would be lower. this means there is a positive economic outlook
The false statement is both offer an unlimited number of shares in a continuous public offering. (option c)
<h3>
What are open-end and closed-end investment companies?</h3>
Open-end investment companies are companies that allow investors invest in their company continuously through the purchase of their shares. On the other hand, closed-end investment companies close their company to new investors
An advantage of open-end investment companies is they are highly liquid. A disadvantage of open-end investment companies is the company is vulnerable from large inflows and outflow of investments.
An advantage of closed-end investment companies is they do not incur charges with regards to the redemption activities of investors. A disadvantage of closed-end investment companies is that investors cannot withdraw their funds until maturity.
To learn more about open-end investment companies, please check: brainly.com/question/20350725
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